Secunderabad-based GVK Power & Infrastructure has registered a net profit of Rs 30.47 crore for the second quarter ended September 30, a decline of 22.88 per cent from that in the corresponding period a year ago.
The company had posted a net profit of Rs 39.51 crore for the second quarter last fiscal.
While, the company’s net sales raised to Rs 109.49 crore for the quarter under review, against Rs 96.05 crore.
For the half year ended September 30, the company had a net profit of Rs 71.02 crore, against Rs 61.09 crore.
Public sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC.
Under the deal, BHEL will set up two 660 MW steam turbine generators for NTPC's Barh thermal power project in Bihar.
BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning.
This is company's first commercial order with supercritical parameters through the International Competitive Bidding.
Nuclear power can meet 20 percent of energy needs of India by 2050. The country is trying to increase per capita availability of electricity to 1000 units by the year 2012. It is maintained by union Power Minister, Sushilkumar Shinde.
He was in Washington to address 'Green India Summit'. The summit was organised by the US-India Business Council and the Confederation of Indian Industry. It was also addressed by the US Secretary of Commerce, Carlos Gutierrez, Special Envoy to the Indian Prime Minister on Climate Change, Shyam Saran, former US Secretary of Defence and USIBC Board Member William S. Cohen.
Secunderabad-based GVK Power & Infrastructure has registered a net profit of Rs 30.47 crore for the second quarter ended September 30, a decline of 22.88 per cent from that in the corresponding period a year ago. 
Public sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC. 
GVK Power & Infrastructure Ltd has informed that the company has divested its entire stake in its subsidiary, GVK Aviation Pvt. Ltd.
